RE: Big sellers again28 Aug 2025 16:33
Jezzoo if they revalued gold at spot price it would barely shift the Debt to GDP ratio more than about 3% which would be pointless. To get the ratio back to the following levels, the stated gold revaluation price would be required
116% - $3981
110% - $10,941
100% - $22,540
77% - $49,217
So there is no way just revaluing their gold can alone sort out the debt crisis but they will probably choose a value well north of $10k if they go this way.
The effect on spot could be enormous, and even more leveraged in miners and explorers.